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Home My WebLink About1557 rG~ft14~3 ~ THIS INDENTURE. Made thr ~t day oi nC t:7bc' T ~ A.D. 19 72 ~betwcen ~it=~'rl^i1~~1TF#i~(' 1NV~'ST~11~VT C(~,~ I~C' , a Fl~rir:~ C'~r•~ r~tion of ~L • I.I~C 1 P ~ounty Fiwida, hereinaiter designated as the "MORTGAGOR." and FiR$T FEDERAI SAVING$ AND IOAN ASSOCIATION OF FORT P!ERCE, a co~porat~on organized and ex~sting under the laws of the U~~ted Statos of America and having its principal plste of bus~ness in the City of Fort P~erce, St. lucie County, Fl«ida, hereinaiter designated as the "MORIGAGEE." ~ WHEREAS the MORTGAGOR is justly indebtcd to the MORTGAGEE in the s~m of = 1~ F 7C~~~ , good and lawful money of the Un~ted l S~ares adranced by the ~~ORTi,AGEE unto the MORTGAGOR, as ev~denced by a certam prom~ssory note of even date herewnh, of wh:ch the foilow~ng in - woids and figures is a true copy, ~vwit: = s 1~, 70'~. c~n No 11~718A(~ 1 Fort Pierce, Fiorida, nCtnt~('r 2n 19 7~ fw value received, 1, we or either of us, prorr~se to pay, without defalcaricn, to the order oF FIRST fEDERAL SAVINGS ANO IOAN ASSOCIATION OF ~ fORT PIERCE at Fort Pierce, Florida, ~he sum of S-- 1,~ w~th interest from date at the rate of ~SOO per annum, in monthly install- ]7i ni~ LSt {~~+})CU.lT 7~ ' ~~,er.ts as foCows: S--'=--'----- on the day of y_ 19--__:_ and a like sum on the correspond~ng day of each month there- after un:il the whole be futiy paid. ' - Each insrallmrnt ii~it shail be apNi~rd in pay~nenr of the inte~est and then on the unpaid balance of the princ pal sum. If d ault is made in the _ i,armant oF any mstal~menf whrn due, a~d such defau!t continues 30 days, ther, at the option of the holder, and w~thout any other notice, all the remaining ~~~stal;ments shall be d~r and.payabie at once. Privilrge is g~ven to p~epay this note in whole or in part at any t~me without penafty. Neither forebearance, no~ acceptance by ~he hofder thereof after any defauit in any payments hereon, shall be deemed extens~on. A late payment charge of S ~'3~ ahal) be addad to each instaHment remaining urtpa~d 7 days after its due date, and a I~ke sum shall be added ro each such instaUmeM remaining unpaid 7 days after y~' each succeeding paym.ent date. Each maker, surety and endorser hereof, jo~ntly and seve~ally, wa~ves demand, presentment protest and notice of protest fw rtonpaymenl, and furthe~ agrees to any eztens~on of e~n~e of payment, e~ther be4ore or aFter matu.~ry, w~thout not:ce to any of us; and to pay all costs of collection, includ;ng a rresonable attomey s fee in the event of any defau't he~eunder, and hereby severa!{y waives all benefit of homestead and exemption under the conslitWion ~nd laws of each Srate of the United States, as aga~r.st tn~s obligation or any exfension or ren 1~ here f. ~ , r.~l~~?l~Yl~~~.1TFiFR Iti'VFSTh1f:\iT CO., I1C. Witness the hand and aeal of each party. ~ 6Y: s/ Josenh Pconi, Presic~ent ~A~~ : (SEAL) ~~c~r*x~r~te 5~~1 r\ffi~.ccl t'1TT~ST: s/ Blanch~ t'c>oni, Sc~cr~t:?ry ~~A~~ - ~ ; ?'t . 5 ; (SEnu ) State Revenue i5tamproncelle~orrvriginalrotef 15 ?00.00 - NO'~V, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S ~ a~d the pe~formance of the covenants and agreements hereinafter expressed, and for divers good and valuable considerations, by these presents, does grans, bargain, setl, remise, +e'ease, convey and conf~rm unto the MORTGAGEE, it: succeswrs and assigns, all that certain lot, piece u parcel of lancl, situate, lying, and being in the St . LUC1~' and State of Fbrida, de~uibed as follows: County of t•'es*_ 37 , 2 fc~~t of Lot 23, an~? ll L~t 24, Filock 1~ i•1f:I'^I?~:'FATI'~R PARK Sl?13PI4'I~ION, a5 ~~r nl_at th~reof on fil~ in fllat R~~k 6, *~ac~e 16, of th~ ?ublic ~~c~rc~~ ~f St. Luci~ C'ounty, Fl~ri:?a , i ~ A~, STATE ~F F1...0 R ~ D,41 ~ ~r DOCUMENTARY,/~';t$1AMF it.i ~ G ~ :?fPT. O~ P.EYEMUE j. • i - v~lc a~+ • "~t' i _ y FR~,.,.ti'? Of `AXES 'c _ t= {N ~ ~ _ vD ~ ~ ~ = P.i. -'ue.tee ]a F+. ~ Z 3. S S REC'E1VFD •.~lBLE P. ~':,~,a! P!~Or~e+i~~ o = ~~~ot -.,.s,,~ , D~E Uh CLA~ tNjA~ , A.;~S U"r 1sr1- - - ~ ~ ii ?0 G~TER 7i-1..~. 4 ~ ftOGER POITRAS q.ERK CIRCWT C~RT, Si. Ltf~?E fL1 ~ together with all and singular the tenemenls, hereditaments and appurtances thereunto belonging w in snywiu appertaining thereto, a~d all tents, iuues, proceeds and pro(its accruing and to accrue from said premises, all of which are includcd in the above and foreyoirg dexriptio~ and habendum. 10 HAVE ANp TO HOLO the above described and granted prem~ses unto the ssid MORTGAGEE, its successw~ aod assigns foreve~. And ths said ~ MORTGA~R for -1 t 5-------- ~~rs, executors, administrators and assigns, hereby covenanrs with the said MORTGAGEE, its succeuors ~nd asfi9ro, ~ L 1S____ fhat - ~awfully seized of the said prcmises in (ee simple; that the same are free, clear snd discharged from ~II lien~ and encvrrr ~ brances in law or in equity, and that 1 t will and 1 t 5 heirs shall warrant and defend the title to the sams to the said MORTGAGEE, its successors and assigns, forever against the lawful claims and demsnds of all persons; ~ PROVICED, ALWAYS that if the MORTGAGOR sha~l pay unto the MORTGAGEE the promissory rate hereinbefwe desc?ibed and shall truly, promptly and fulty perform, discF~arge, execute, complete, comp~y with and abida by each and every the stipulations, agreements, tonditiont and tovenants of said ~ promissory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be null and void. i' (T IS UNDERSTOOD that the word "Mortgsgor" whether in the s~~gular or plural anywhere in ihis Mortgsge, shall be sinyular if one only and ~ shall be plursl jointly and severally if mwe th~n one, and that the word "thei~" as used anywhere in this Mortgage shall be bken to mesn "hii," "hers;' ~ or "its;' wherever the context so implies o? admits. Also, that wherever there ii a rderence in the covenantf snd sg?eements Fxrein contained to any of rhe parties hereto, the same shall be const~ued to mean as well as the heirs, legal representatives, successws and assigns (either voluntary by atl of the parties or involuntary by opcrateon of the law) of the same and that the covenants herein contained shsll bi~d +nd the benefits and advantages inure ro the respedive heiis, legal representatives, successors and ass~gns of the parties hereto. ~ A~d said Mortgagors, for themselves and their heirs, Iegal representatives, successws and assigns, hereby jointly and uverally covensnt and agree +o and with the sa~d MORTGAGEE, its succeswrs and assigns: ~ 1. To pay all and singular the printipal and interest and the various and sundry sums of money payable by virtue of said promissory note, +nd lhit mortgage, each and every, promptly on the days re~pect~vely the same severally oecome due. ~ ~ 2. To pay afl and iingular the tsxes, assessments, levies, liabilifies, obligations and encumbrances of every nature and kind now on said dexribed - property, w that hereafter may be imposed, wf(eied, plxed, levied, or auessed thereon, w that hereafter may be levied w~ssessed upon this Mort¢ age, w the indebtcdness secuced hereby, each and eve?y, when due snd payabfe, according to law, before tFxy become delinquent, and befwe any interest arraches or any penaNy is inc~rred; AND INSOFAR AS ANY TMEREOf IS OF RECORD T11E SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGED OF RECORO AND THE ORIGit3Al OFFICIAI ~OCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SA115FACTION PAPER OFfICIAIIY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event thaf any thereof is not pa~d, saYSfied and discharged sa d MORTGAGEE may at any time pay the same w any part thereof without waiving or a(ftcting any option, (ien, eqvity or ~+qht under or by virt~e of this mortgage and the full amo~nt of each and every such payment shall be immediately due and psyable and shall bear interest ~.om the date thereof until pa~d at rate of n~ne per centum per annum and together w~th suf, ~ ter st shall be secured by the lien of th:s morgtage. :.r,nr~U~ i.•~F~~~~ '"v~?~ _ f ~ ~ ~ _ - _ ~ ` ~ _ _